The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC Common 00287Y109   6,111 136,614 SH   SOLE   119,694 0 16,920
ABBVIE INC Common 00287Y109   45 1,000 SH   OTR   0 0 1,000
ACE LIMITED Common G0070K103   500 5,340 SH   SOLE   4,230 0 1,110
AFLAC INC. Common 001055102   8,783 141,690 SH   SOLE   120,365 0 21,325
APACHE CORP Common 037411105   7,081 83,165 SH   SOLE   70,125 0 13,040
APPLE COMPUTER INC. Common 037833100   8,267 17,340 SH   SOLE   14,445 0 2,895
BANCORPSOUTH INC Common 059692103   389 19,500 SH   SOLE   19,500 0 0
BECTON DICKINSON & CO Common 075887109   7,128 71,270 SH   SOLE   60,520 0 10,750
BECTON DICKINSON & CO Common 075887109   60 600 SH   OTR   0 0 600
BED BATH & BEYOND INC. Common 075896100   8,056 104,140 SH   SOLE   87,975 0 16,165
C S X CORPORATION Common 126408103   7,994 310,550 SH   SOLE   269,500 0 41,050
CATERPILLAR INC Common 149123101   242 2,900 SH   SOLE   600 0 2,300
CHEVRON CORP Common 166764100   786 6,466 SH   SOLE   2,766 0 3,700
CLOROX COMPANY Common 189054109   328 4,010 SH   SOLE   3,950 0 60
COACH INC Common 189754104   6,020 110,400 SH   SOLE   90,900 0 19,500
COACH INC Common 189754104   55 1,000 SH   OTR   0 0 1,000
CONOCOPHILLIPS Common 20825C104   271 3,900 SH   SOLE   1,100 0 2,800
DARDEN RESTAURANTS Common 237194105   5,346 115,500 SH   SOLE   93,200 0 22,300
DIAMOND OFFSHORE DRILLING Common 25271C102   5,779 92,725 SH   SOLE   81,125 0 11,600
DIAMOND OFFSHORE DRILLING Common 25271C102   37 600 SH   OTR   0 0 600
DOMINION RESOURCES INC Common 25746U109   325 5,200 SH   SOLE   800 0 4,400
DOW CHEMICAL Common 260543103   7,901 205,750 SH   SOLE   171,000 0 34,750
DOW CHEMICAL Common 260543103   58 1,500 SH   OTR   0 0 1,500
EMC CORP Common 268648102   6,456 252,575 SH   SOLE   211,125 0 41,450
EMC CORP Common 268648102   38 1,500 SH   OTR   0 0 1,500
EMERSON ELECTRIC CO Common 291011104   1,868 28,876 SH   SOLE   20,240 0 8,636
EMERSON ELECTRIC CO Common 291011104   91 1,400 SH   OTR   0 0 1,400
EVEREST RE GROUP LTD Common G3223R108   358 2,465 SH   SOLE   1,530 0 935
EXXON MOBIL CORPORATION Common 30231G102   521 6,056 SH   SOLE   0 0 6,056
FORD MOTOR CO Common 345370860   2,922 173,200 SH   SOLE   144,800 0 28,400
FRANKLIN STREET PPTYS CORP Common 35471R106   134 10,500 SH   SOLE   10,500 0 0
HERSHEY FOODS CORP Common 427866108   820 8,860 SH   SOLE   7,200 0 1,660
HEWLETT-PACKARD CO Common 428236103   6,113 291,225 SH   SOLE   245,200 0 46,025
HONDA MOTOR CO LTD ADR Common 438128308   5,319 139,455 SH   SOLE   116,225 0 23,230
HONEYWELL INT'L INC. Common 438516106   1,055 12,700 SH   SOLE   10,750 0 1,950
ILLINOIS TOOL WORKS INC Common 452308109   371 4,870 SH   SOLE   670 0 4,200
J.P. MORGAN CHASE & CO Common 46625H100   367 7,100 SH   SOLE   3,600 0 3,500
JACOBS ENGINEERING GRP Common 469814107   8,266 142,070 SH   SOLE   118,750 0 23,320
JACOBS ENGINEERING GRP Common 469814107   64 1,100 SH   OTR   0 0 1,100
JOHNSON & JOHNSON INC Common 478160104   381 4,400 SH   SOLE   0 0 4,400
JOHNSON CONTROLS INC Common 478366107   1,024 24,665 SH   SOLE   15,350 0 9,315
LOWE'S COS INC. Common 548661107   868 18,225 SH   SOLE   12,025 0 6,200
MACYS INC Common 55616P104   7,023 162,305 SH   SOLE   135,670 0 26,635
MARRIOTT INTL INC Common 571903202   2,793 66,400 SH   SOLE   49,300 0 17,100
MARSH & MCLENNAN CO INC Common 571748102   4,641 106,575 SH   SOLE   84,825 0 21,750
MCDONALD'S CORP Common 580135101   2,169 22,545 SH   SOLE   19,840 0 2,705
MCDONALD'S CORP Common 580135101   48 500 SH   OTR   0 0 500
MERCK & CO INC Common 589331107   1,712 35,970 SH   SOLE   24,850 0 11,120
MICROSOFT CORP Common 594918104   7,962 239,250 SH   SOLE   196,750 0 42,500
MICROSOFT CORP Common 594918104   50 1,500 SH   OTR   0 0 1,500
MOSAIC CO Common 61945C103   3,320 77,175 SH   SOLE   66,080 0 11,095
MUELLER WATER PRODUCTS INC-A Common 624758108   96 12,000 SH   SOLE   0 0 12,000
NEWMONT MINING CORP Common 651639106   4,652 165,550 SH   SOLE   144,050 0 21,500
NORFOLK SOUTHERN CORP Common 655844108   286 3,700 SH   SOLE   700 0 3,000
PEPSICO INC Common 713448108   1,283 16,135 SH   SOLE   12,580 0 3,555
PROCTER & GAMBLE CO Common 742718109   510 6,750 SH   SOLE   4,300 0 2,450
QUALCOMM INC Common 747525103   616 9,150 SH   SOLE   7,000 0 2,150
ST JUDE MEDICAL INC. Common 790849103   1,214 22,625 SH   SOLE   15,225 0 7,400
TARGET CORP Common 87612E106   2,206 34,480 SH   SOLE   27,310 0 7,170
TEREX CORP Common 880779103   8,223 244,745 SH   SOLE   208,000 0 36,745
TOYOTA MOTOR CORP ADR Common 892331307   6,101 47,655 SH   SOLE   40,620 0 7,035
UNITED PARCEL SERVICE-CL B Common 911312106   5,086 55,665 SH   SOLE   43,550 0 12,115
UNITED PARCEL SERVICE-CL B Common 911312106   73 800 SH   OTR   0 0 800
URS CORP Common 903236107   4,915 91,450 SH   SOLE   76,600 0 14,850
URS CORP Common 903236107   54 1,000 SH   OTR   0 0 1,000
VALLEY NATIONAL BANCORP Common 919794107   77 7,694 SH   SOLE   0 0 7,694
VERIZON COMMUNICATIONS Common 92343V104   413 8,849 SH   SOLE   1,749 0 7,100
WALGREEN CO Common 931422109   188 3,500 SH   SOLE   0 0 3,500
WHIRLPOOL CORP Common 963320106   9,209 62,885 SH   SOLE   51,800 0 11,085